Oct 09, 2014 10:35 AM ET
Japan’s machine orders increased better-than-expected 4.7% in August. Nikkei extended losses after the yen rebounded for the third day. Fast Retailing said annual net income dropped 27% but held out for higher sales and earnings in the current fiscal year.
Oct 09, 2014 9:42 AM ET
Ahluwalia Contracts jumped after securing new orders worth Rs 178 crore. BHEL won $1.3 billion contract to set up thermal power project in Tamil Nadu. GVK Power secured an environmental clearance to build its coal project in Australia. IndiGo net declined 60%.
Oct 08, 2014 12:20 PM ET
Blackhawk Network net tumbled 75% despite 31% surge in revenues. Costco profit surged 13%. Interface tumbled after weak third-quarter outlook. Monsanto net loss narrowed. RPM Intl net dropped 4%. Yum! Brands net surged 166% but revenue slipped 3%.
Oct 08, 2014 12:15 PM ET
Current account was in surplus for the second month in a row but fell sharply in August. However trade deficit in August was the record for the month on rising imports of liquefied natural gas. Toshiba Corp said it plans to discontinue its e-book reader business only after launching 18 months ago.
Oct 08, 2014 12:18 PM ET
Anglo American plans to sell its three copper mines and a smelter in Chile worth $1 billion. Air France KLM forecasted profit for the year may decline by €500 million. Swisscom plans to divest its Fastweb Italian broadband unit worth up to €5 billion.
Oct 08, 2014 10:29 AM ET
Australian market indexes plunged and the weak commodities prices dragged resource stocks lower. Australian Bureau of Statistics withdrew July and August jobless rate estimate. Aldi, discount supermarket chain plans to invest $700 million in Western and South Australia.
Oct 08, 2014 10:06 AM ET
BEML won order for Rs 570 crore from Delhi Metro Rail Corp. KEC International secured orders worth Rs 1,029 crores. A subsidiary of L&T intends to acquire engineering services unit of the U.S.-based Dell. M&M agreed to acquire 51% stake in France-based Peugeot''s scooter business.
Oct 07, 2014 1:17 PM ET
Stocks in Tokyo declined and the yen rebounded. J. Front Retailing reported sales in the first-half ending in August declined 0.2%. McDonald''s Holdings Co Japan estimated loss in the fiscal year as sales suffer on tainted chick supplies worries.
Oct 07, 2014 12:40 PM ET
AGCO plunged after weak earnings outlook. HP divested 40% stake in UAE-based Injazat Data Systems to its financial partner Mubadala. International Speedway net swung to profit on 11% increase in revenue. Occidental Petroleum plans to sell its oil assets for $3 billion.
Oct 07, 2014 12:12 PM ET
Australian stocks gyrated and the banks led the decliners and resource stocks closed higher after Rio Tinto rejected a merger offer from Switzerland-based Glencore. Australian dollar weakened as traders looked for the currency to dip to 80 U.S. cents.